OpenAI is preparing for an IPO, expected to be completed by the end of the year at the earliest

According to CNBC, OpenAI is preparing for an IPO, which may be completed by the end of this year. According to a knowledgeable source, OpenAI's IPO could be completed as early as the fourth quarter of this year.

The source stated that the specific timing may still be adjusted and requested anonymity due to confidentiality of details. To support the IPO preparations, the company has hired former DocuSign CFO Cynthia Gaylor to lead investor relations and is expanding its finance team.